Chow Tai OTC Stock Forecast - Naive Prediction

CJEWY -  USA Stock  

USD 23.16  1.81  8.48%

CJEWY OTC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chow Tai historical stock prices and determine the direction of Chow Tai Fook's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Chow Tai historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of Chow Tai to cross-verify your projections.

CJEWY O TC Stock Forecast 

 
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Most investors in Chow Tai cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Chow Tai's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Chow Tai's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Chow Tai is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Chow Tai Fook value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Chow Tai Naive Prediction Price Forecast For the 18th of October 2021

Given 90 days horizon, the Naive Prediction forecasted value of Chow Tai Fook on the next trading day is expected to be 25.76 with a mean absolute deviation of 0.44, mean absolute percentage error of 0.29, and the sum of the absolute errors of 27.02. Please note that although there have been many attempts to predict CJEWY OTC Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Chow Tai's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Chow Tai OTC Stock Forecast Pattern

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Chow Tai Forecasted Value

In the context of forecasting Chow Tai's OTC Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Chow Tai's downside and upside margins for the forecasting period are 22.95 and 28.56, respectively. We have considered Chow Tai's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
23.16
17th of October 2021
25.76
Expected Value
28.56
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Chow Tai otc stock data series using in forecasting. Note that when a statistical model is used to represent Chow Tai otc stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria116.8862
BiasArithmetic mean of the errors None
MADMean absolute deviation0.443
MAPEMean absolute percentage error0.0223
SAESum of the absolute errors27.021
This model is not at all useful as a medium-long range forecasting tool of Chow Tai Fook. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Chow Tai. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Chow Tai

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chow Tai Fook. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Chow Tai's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Chow Tai in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.3023.1125.92
Details
Intrinsic
Valuation
LowReal ValueHigh
19.0321.8424.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.3919.9722.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chow Tai. Your research has to be compared to or analyzed against Chow Tai's peers to derive any actionable benefits. When done correctly, Chow Tai's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Chow Tai Fook.

Other Forecasting Options for Chow Tai

For every potential investor in CJEWY, whether a beginner or expert, Chow Tai's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CJEWY OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CJEWY. Basic forecasting techniques help filter out the noise by identifying Chow Tai's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chow Tai otc stock to make a market-neutral strategy. Peer analysis of Chow Tai could also be used in its relative valuation, which is a method of valuing Chow Tai by comparing valuation metrics with similar companies.

Chow Tai Fook Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chow Tai's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Chow Tai's current price.

Chow Tai Risk Indicators

The analysis of Chow Tai's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Chow Tai's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Chow Tai stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Chow Tai without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Chow Tai

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chow Tai position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chow Tai will appreciate offsetting losses from the drop in the long position's value.

Chow Tai Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Chow Tai and Pagnie Financiere. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Historical Fundamental Analysis of Chow Tai to cross-verify your projections. Note that the Chow Tai Fook information on this page should be used as a complementary analysis to other Chow Tai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for CJEWY OTC Stock analysis

When running Chow Tai Fook price analysis, check to measure Chow Tai's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chow Tai is operating at the current time. Most of Chow Tai's value examination focuses on studying past and present price action to predict the probability of Chow Tai's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chow Tai's price. Additionally, you may evaluate how the addition of Chow Tai to your portfolios can decrease your overall portfolio volatility.
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The market value of Chow Tai Fook is measured differently than its book value, which is the value of CJEWY that is recorded on the company's balance sheet. Investors also form their own opinion of Chow Tai's value that differs from its market value or its book value, called intrinsic value, which is Chow Tai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chow Tai's market value can be influenced by many factors that don't directly affect Chow Tai Fook underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chow Tai's value and its price as these two are different measures arrived at by different means. Investors typically determine Chow Tai value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chow Tai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.